OctaFX | OctaFX Forex Broker
Open trading account

US: Busy week ahead with NFP at the Centre stage – Deutsche Bank

FXStreet (Delhi) – Research Team at Deutsche Bank, note that as we look ahead there’s a lot to look forward to this week with economic data capped by the September payrolls reading this Friday.

Key Quotes

“Market consensus is currently running at 202k which is more or less in with the forecast of DB’s Joe Lavorgna at 200k.”

“Fedspeak will be closely watched again and it’s set to be a busy one with Dudley, Williams and Evans speaking today, Yellen and Dudley again on Wednesday, Brainard and Williams on Thursday and finally Fischer on Friday post payrolls.”

“If that wasn’t enough, then US politics may play a factor with the end of September marking the date of the end of the fiscal year for the US government with a new budget needing to be passed. That’ll bring the terms ‘debt ceiling’ and ‘government shutdown’ back to the forefront with the latter a possibility (although House Speaker Boehner’s resignation on Friday seen by many as perhaps reducing it).”

USD/JPY tough resistance lies at 120.90 – OCBC

Emmanuel Ng, FX Strategist at OCBC Bank, noted the critical resistance facing the pair in the area of 120.90...
Read more Previous

USD/CHF: next target at 0.9903 – Commerzbank

In the view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could re-visit the 0.9903 level in the near term...
Read more Next
Start livechat